I said earlier we usually get a bigger move and was a little concerned that the first divergence was a consolidation, both turned out to be true.
However now we have the typical move and 3C is falling apart, if I was taking the intraday trade on USO, I'd take it here.
The consolidation and a move higher more in line with what we normally see and a leading negative divergence
The 5 min chart, which is more important is negative here. This is where I'd take the intraday short.
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